As Mary Jo White confronts scrutiny over her ties to big Wall Street firms, a leading candidate to be her enforcement chief — Andrew J. Ceresney — has trod a similar path.
(3 months and 14 days ago)
Writing on the Wall: If you thought you knew Wall Street, well, think again. You don't. Wall Street continues to confound even the people who've worked in the industry for decades, writes David Weidner.
(2 months and 17 days ago)
In a cutting attack on America's financial hub, one of the world's most respected economists has said Wall St is full of "crooks" and hasn't reformed its "pathological" culture since the financial crash.
(1 month and 20 days ago)
It's no secret that Wall Street has been bullish on real estate. Housing stocks have surged over the past year, many teetering on the edge of overbought, and billionaire investors like Warren Buffett have been exceedingly vocal about the investment opportunities brick and mortar properties have represented. Private equity and hedge fund firms have been sinking billions into...
(3 months and 2 days ago)
MIAMI — Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable. Read full article >>
(1 month and 27 days ago)
What's wrong with using information at your disposal to gain an edge on the competition? If you work on Wall Street then not much. If you're writing about Wall Street then it appears to be a problem.
(1 month and 2 days ago)
It's about the time when people on Wall Street take a look back at last year, and it's looking ugly. According to a survey by eFinancial careers, Wall Street bonuses fell by over a third last year, diving 36%. The front office felt it the most (they, after all, have the most to lose) seeing bonuses fall 38%. Not only were bonuses lower last year, but also more bankers had...
(4 months ago)
Occupy Wall Street took to the streets on November 17, mobilizing thousands to Union Square and then move back down toward Wall Street.
(4 months and 6 days ago)
The fate of SAC Capital Advisors is a $1 billion question on Wall Street. That figure is an estimate of how much the hedge-fund giant generates annually in trading commissions, fees and other payouts for Wall Street.
(14 days ago)
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